Kenyon, Nolan explain pension system contribution to Pier school committee

NARRAGANSETT – Town Manager Pamela Nolan and Finance Director Laura Kenyon explained to the school committee at a work session Wednesday why the school committee must contribute $712,000 to the pension system in fiscal year 2015.

Superintendent Katherine Sipala informed the school committee of the anticipated annual required contribution, or ARC, during a business meeting last week during which she presented the school system’s proposed budget.

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